Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

Bank of Baroda aims to recover not less than Rs 13,000 crore ($1.74 billion) worth of non-performing assets (NPAs) for the year ending March 2021, the goal seeming ambitious as recoveries have already dropped significantly during the first quarter. Due to muted business activity and slower progress on resolutions of bad ......